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Germany's economy likely cooled in the first quarter

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German economic growth likely slowed slightly in the first quarter of this year, the economy ministry said on Wednesday, but it expects the upturn to continue at a moderate pace. "The high rate of growth at the end of last year will likely not be achieved though," the ministry said in its monthly report.

[BERLIN] German economic growth likely slowed slightly in the first quarter of this year, the economy ministry said on Wednesday, but it expects the upturn to continue at a moderate pace. "The high rate of growth at the end of last year will likely not be achieved though," the ministry said in its monthly report.

The German economy grew 0.7 per cent on the quarter between October and December last year.

REUTERS

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